LOS ANGELES-Private investors have bought 54-unit complex in the Miracle Mile District.

LOS ANGELES-Experts say Southern California's multifamily market should get even stronger next year, despite solid gains in construction and a widely anticipated economic slowdown.

GARDENA, CA-A private group of investors buys 62,714-sf facility in Gardena.

SAN PEDRO, CA-Regency Realty, the Florida-based trust that's been aggressively adding to its Southland portfolio, purchases the 105,000-sf Garden Village complex in San Pedro.

LOS ANGELES-Mayor Riordan and other officials unveil controversial plan to form neighborhood-based advisory groups. Some developers and other businesses fear it would create new layers of bureaucracy.

LOS ANGELES-December is barely half over, but investors announced the closing of more than $250 million of purchases in and around the sprawling San Fernando Valley. However, brokers say double-digit rents are coming to an end.

LOS ANGELES-Grocery chain Superior Super Warehouse buys 108,887-sf Pomona Gateway Shopping Center.

LOS ANGELES-A German company has purchased a 10,683-sf retail building in Beverly Hills.